Role & responsibilities

1. Product Costing

- Prepare and maintain standard costs for products, grades, and SKUs.
- Build cost sheets covering material, conversion, overhead, and packing cost.
- Update costs for changes in input prices, BOM, and routing.
- Support costing of current products, trials, and customised orders.

2. Variance Analysis

- Analyse material price, usage, yield, and mix variances.
- Analyse labour, power, fuel, and overhead absorption variances.
- Investigate root causes with production and engineering teams.
- Publish variance reports with corrective action recommendations.

3. Inventory Valuation & Control

- Support monthly inventory valuation of raw material, WIP, and finished goods.
- Reconcile physical stock with book records and investigate differences.
- Track slow-moving, non-moving, and obsolete inventory.
- Support periodic physical verification and stock audits.

4. Cost Control & Efficiency Support

- Track consumption norms, yields, and wastage against standards.
- Support cost-reduction and yield-improvement projects with data.
- Evaluate make-versus-buy and process change proposals.
- Monitor energy, consumable,



and utility cost per unit.

5. Reporting & Analysis

- Prepare monthly cost reports and plant profitability statements.
- Provide cost data for pricing, budgeting, and forecasting.
- Maintain cost dashboards for plant and corporate review.
- Support cost audit and statutory cost records maintenance.

6. Systems & Compliance

- Maintain cost master data, BOMs, and activity rates in SAP.
- Ensure compliance with cost accounting standards and policies.
- Support internal, statutory, and cost audits with schedules.
- Maintain documentation of costing methodology and assumptions.

Desired Position Qualification

•ICWA with 5 years of experience in product costing, cost accounting, or plant finance in a manufacturing environment.

• Experience in the Building Materials, Laminates, Plywood, MDF, Decorative Surfaces, Paints, Chemicals, or

Manufacturing industry is preferred.

• Working knowledge of SAP CO module and cost accounting standards is essential.

• Expert in MS excel and BI tools

📌 Deputy Manager - Costing (New Delhi)
🏢 Merino Industries
📍 New Delhi